UPDATE 1-Market Chatter-Corporate finance press digest

Source :

Last Updated: Mon, Dec 31, 2012 06:20 hrs

Dec 31 (Reuters) - The following corporate finance-related
stories were reported by media on Monday:

* Guardian Media Group Plc has received
expressions of interest for its Auto Trader subsidiary that
could lead to a 600 million pounds ($967.68 million) windfall
for the struggling newspaper group, the Telegraph reported. ()

* Shares of Australia's Sundance Resources Ltd
surged more than 17 percent on Monday after the Republic of
Congo granted it a key mining permit and following reports
China's Hanlong Group plans to complete its long-delayed $1.4
billion takeover by March.

* Taiwan's Chinatrust Commercial Bank is in
talks with U.S. investment fund Lone Star Funds and other
shareholders of Tokyo Star Bank to take over the Japanese lender
for some 50 billion yen ($580.75 million)Japanese media reported
on Sunday.

* Carlo Tassara Group, former majority owner of Polish bank
Alior Bank SA, is expected to name advisors this week
to sell its remaining stake in the company, Il Sole 24 Ore
newspaper reported on Sunday.

* Consolidation of European banks is not yet at an end, and
Germany's sector with its many small banks will have to change,
the co-chief executive of Deutsche Bank AG told a
German newspaper.